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Information On An Obsolete/Broken Bank Note Embedded In Acrylic

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Pillar of the Community

Canada
572 Posts
 Posted 01/19/2018  3:07 pm Show Profile   Bookmark this topic Add Amaths to your friends list Get a Link to this Message Number of Subscribers
Recently acquired this Bullion Bank 1862 $3 note:
Information-On-An-Obsolete/Broken-Bank-Note-Embedded-In-Acrylic
Information-On-An-Obsolete/Broken-Bank-Note-Embedded-In-Acrylic

First of all, is it genuine? I found "D.C. Bullion Bank $3 July 4, 1862 #[none]" list as bogus on these sites:
http://www.crutchwilliams.com/BogusCSA_RoTx.html
http://www.antiquemoney.com/how-to-...it-currency/

While some of them clearly are being or have been sold raw or in PCGS holders:
http://vernpotter.com/VernPotter/DC.htm
http://www.shipleyscurrency.com/Inv...umbia-DC.htm
http://www.aocurrency.com/DC.HTM
https://currency.ha.com/itm/obsolet...1636-81059.s
https://currency.ha.com/itm/obsolet...lable-081514
https://www.ebay.com/itm/1862-3-The...AOSwytJaMwNh

So, what is going on?

Second question, if mine is real, what value would you put it at? Although the note does appear to be in excellent shape, there is no way to safely separate it from the acrylic. How much is that going to hurt the value?

Any input will be appreciated.
Pillar of the Community
SteveInTampa's Avatar
United States
4637 Posts
 Posted 01/19/2018  5:21 pm  Show Profile   Bookmark this reply Add SteveInTampa to your friends list Get a Link to this Reply
It looks just like other examples sold at auction, and it's on the Crutch Williams website.

It might come down to the feel of the paper, and it your case that's not an option.
Edited by SteveInTampa
01/19/2018 5:31 pm
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GregAlex's Avatar
United States
822 Posts
 Posted 01/19/2018  5:25 pm  Show Profile   Bookmark this reply Add GregAlex to your friends list Get a Link to this Reply
This has the look of a genuine period note, though the bank may have been fraudulent. It's not obvious from your pictures whether this is chemically sealed in a chunk of lucite or if it's just loose in a holder that could be broken out.
Pillar of the Community
Canada
572 Posts
 Posted 01/19/2018  10:39 pm  Show Profile   Bookmark this reply Add Amaths to your friends list Get a Link to this Reply
Thanks Steve and Greg for the responses.

I bought it from a reputable local dealer at a coin show. Thus I tend to believe it is genuine. While, I am biased, and also it's not entirely impossible for any experienced dealer to slip. I am just a little confused why it's on the Crutch Williams website and also exist in PCGS holders in the mean time.

Sorry for the quality of the pictures. The quality reduced quite a bit after using the image optimizer. It is indeed chemically sealed in a chunk of lucite. So it does irk me knowing that the note can never be removed from the case.

The Bullion Bank has been briefly discussed here a few years back:
http://goccf.com/t/169104

It's just one of those many short-lived banks during that time.

So assuming this is real, what is it worth? I see numbers ranging from 200 to 500 after some googling. Would the lucite cut the price in half? Or more?
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GregAlex's Avatar
United States
822 Posts
 Posted 01/20/2018  7:48 pm  Show Profile   Bookmark this reply Add GregAlex to your friends list Get a Link to this Reply
I hate to say it, but if this is really embedded, like in a poured resin, then its value is more along the lines of a paperweight. There's no way to rescue the note without destroying it, just as with heat-sealed lamination. It's attractive but it's no longer collectible as a piece of obsolete currency.
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